The first full trading week of 2015 kicked off with a lot of focus on the continued fall in energy markets (as this is helping to destabilise other asset classes). Stocks were initially pulled lower by the steep fall in crude and its negative impact on the energy sector, while government bond...
Four Seasons Hotel Riyadh is proud to announce the addition of Anas Shabib to the already remarkable and highly regarded culinary team at the hotel. The hiring of Shabib coincides perfectly with The Grill’s newly re-launched menu, where he can thrive under as Chef de Cuisine.Chef Anas is a...
ACWA Power has confirmed its participation as a key principal sponsor of the 10th edition of the Saudi Water and Power Forum (SWPF), to be held in Riyadh on Monday, January 12th, 2015 at Al Faisaliah hotel. The forum is set to be a platform that gathers key stakeholders in the water and power...
Al Khalij Commercial Bank (al khaliji) Q.S.C., next generation bank, has appointed Ms. Rana Ahmad Al Asaad as Acting Head of Personal Banking. This step comes in line with the bank’s Qatarization strategy and commitment to Qatar’s National Vision 2030 and to increasing the reliance on talented...
The Saudi Commission for Tourism and Antiquities (SCTA) has recently got the Cabinet’s approval for the new tourism regulations which aim to streamline the facilities and services related to tourism in general and to guide their activities besides protecting tourist interests.The new regulations...
The Ministry of Education has confirmed that it will counter any form of violence against teachers and will protect their privileged status in society as educators and makers of future generations.Strongly denouncing the recent attack on a teacher in Al Ahsa by a citizen, Education Minister Prince...
The winners of the seventh edition of the Custodian of the Two Holy Mosques International Translation Prize will receive their prizes in Geneva next Thursday.The National Center for Translation in Egypt and the Tunisian Academy for Sciences and Literature shared the prize for institutions doing...
Experts argue that the Ministry of Labor’s proposal for commercial shops to close at 9 p.m. will boost the Saudization rate in the retail sector by up to 30 percent, especially after the integration of women in the workplace. Samir Hussein, chairman of the human resources committee at the Jeddah...
Mobily Ventures, the venture capital arm of Etihad Etisalat (Mobily), announced an investment in Dokkan Afkar, the E-Commerce startup based in Jeddah, Saudi Arabia.Dokkan Afkar, or 'shop of ideas', was founded in June 2012 and commercially launched in June 2013. The E-Commerce store,...
- International Air Transport Association: “Gulf States allocated $ 313 billion for airport development projects, led by UAE with over $ 23 billion”HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) inaugurated today (Saturday, 10 January 2015) three mega...